3.30.2007

Britney Spears and Kevin Federline have reached a divorce settlement, just days after Spears completed her stay at a rehab program in Malibu. "The parties signed a global settlement on all issues of their marriage and the custody of the children," a spokesperson for Federline's attorney said Thursday. The settlement was reached after a five-hour meeting between Spears and Federline and their lawyers. The terms of the agreement have not been revealed, but a source told Us mag that reports of a $1 million settlement and "50/50" custody agreement are "inaccurate." A judge still needs to sign off on the agreement. Spears and Federline spoke for fifteen minutes during a smoke break outside the LA high-rise offices where the meeting took place.